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Modi Promises Access to Banking for India’s Poor
Prime Minister Narendra Modi promised on Friday greater access to financial services for nearly 500 million Indians who do not have a bank account, many of whom are now at the mercy of money lenders who charge extortionate interest.
- Categories
- Uncategorized
- Region
- South Asia
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Airtel, Voda, Idea move to cash in on mobile payments in India
Till a few years ago, Sachin Dhaval had to visit the collection centre of SUMUL, the Surat-based milk co-operative, to pay cash a day in advance for placing his orders.
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- Uncategorized
- Region
- South Asia
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Mastercard and Indosat give 60M Indonesians access to electronic payments
Indonesian mobile operator Indosat is making it easier and more secure for Indonesians working abroad to send money back home to family and friends by adding the MasterCard-backed HomeSend service to its offerings, the telco said this week.
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- Uncategorized
- Region
- South Asia
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Uganda: Airtel introduces mobile money saving solution
Airtel Uganda, in conjunction with Grameen Foundation, has developed a service that will allow Village Savings and Loan Associations (VSLAs) and other forms of savings groups, such as Chamas or investment clubs, to store their group’s cash as mobile money.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Uganda, Tanzania latest to welcome Diaspora Mobile Money transfer service
The Diaspora Mobile money transfer service from Rapid Communications’ is now in Uganda, Tanzania and Senegal only a month after it was unveiled in Kenya.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Full financial inclusion can boost India’s GDP by 0.9%, says report
British brokerage Barclays today said returns from financial inclusion, in the form of savings through reduced leakages, better tax collection and improved savings, would be much higher than the cost incurred.
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- Uncategorized
- Region
- South Asia
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How to make financial inclusion work for women in India
A striking thing in the BJP’s maiden budget was integrating gender in the macroeconomic policy framework.
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- Uncategorized
- Region
- South Asia
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India’s Welcome Reform Of Its Ghastly Food Aid Program
India is making essential changes to the way that it operates its food aid program for the poor.
- Categories
- Agriculture, Health Care
- Region
- South Asia
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